Revise list of approved financial firms for city investments

Investment Broker ListContracts<UNKNOWN>Resolution

<UNKNOWN>

Resolution Resolution No. 101-20

In Plain English

The city maintains a list of approved broker/dealers who can offer investment options for city funds. State law requires cities to only work with pre-approved firms when investing taxpayer money. The revision updates which financial companies can pitch investment products to the city.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Passed

6 to 0

NBTBBCDIEMJMMW